Altcoins with Strong Performance that Should be Added to Your Portfolio Immediately
During an episode of Crypto Banter’s Kyles Doops Show, the analyst expressed that the market is experiencing an upward trend driven by the bulls, resulting in a bounce in motion. Once again, it is the top-performing altcoins that are leading the charge and rallying the hardest, a consistent trend. This raises the question of whether it is too late to invest in these high-performing coins and if they will maintain their upward trajectory.
Regarding altcoins, the analyst noted that in the previous cycle of this bear market, only a select few demonstrated strong performance. He believes that there is a possibility of a higher low occurring for the first time, indicating a bottoming process and potential future expansion. Here are some of the altcoins mentioned by the analyst:
Solana (SOL): Although it is not currently at a key support level, it is showing potential. The analyst predicts a potential 10-15% increase before encountering resistance.
Kaspa (KAS): The plan is to monitor for a breakdown of the recent low, targeting a move down to 14-13 cents. This is seen as a reaccumulation phase forming an ascending triangle.
Toncoin (TON): It continues to demonstrate strength, even providing profits from high positions.
Mantra (OM) and Ondo (ONDO): OM is attempting to break through range highs at 83 cents. For ONDO, a pullback to $1 could present a buying opportunity, as these coins have shown a pattern of higher highs and lows against both USD and Bitcoin.
Render (RNDR): It is currently at a key level, and it was previously recommended to buy near $7. The current position indicates significant upside potential with the possibility of further continuation.
Pepe (PEPE): Another strong candidate with negative funding and the potential for reaccumulation. A trade setup suggests buying at current levels with the aim of substantial gains.
Xodex (XODEX): This coin was recently introduced in the research group and has a low market cap of around $8 million. The analyst has made a small investment in this newly launched project, seeing potential in it.
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